Today Doesn’t Matter Because I’m Up Another 1.5%

The typical Monday open has led way to the equally typical Monday reversal back to even. Short sellers look stupid, and behind their jaunting comments, are terrified.

Meanwhile, I’m up another 1.5% today, led by HCLP pressing towards $70 a share, and CCJ making a comeback.

My biggest loser today is BTU, which is almost down to $15. I’ll consider adding near $14, if it gets there.

Global events and political developments tend to be the dumbest reasons on Earth to trade around. It’s fun to speculate what idiot decided to ice a jetliner without any due diligence. Or how long before Gaza taps out. Or what would happen if political winds changed in this country and banned all forms of energy or interstate travel.

It’s fun, but it isn’t profitable.

So don’t waste your time on this nonsense, unless you’re bored at work, looking for an excuse to neglect your clients.